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Paul’s Substack

Paul Jacobson

My personal Substack largely about the Canadian economy.

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Substack
PricingOnly free issuesPublishesWeekly
Issues105Founded3 years agoLast Issue8 days ago
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Latest Issues

CPI through 2026-08

Headline

The aggregate annual change remains flat at 3.0%. Gasoline continues to bounce for obvious reasons with world prices. The price of food purchased from stores declined over the 3 months shown and declined even more on a 6-month b...

8 days ago

Labour Force Survey 2026-08

Headline

I find it worthwhile remind people that our LFS survey is a highly refined (but volatile) snap shot of the labour market state of play during a mid-month reference week (Aug 9- 15) based on the status of household members. A lot...

18 days ago

Payroll through 2026-06

Headlines

The monthly payroll (SEPH) Daily starts with a chart really showing that not much is happening. Annual growth is only 0.8% in total payroll employment. Short-term variation is not exciting given the survey (partial) nature of t...

a month ago

Consumer Prices through 2026-07

Headline

Starting points make comparison fun. Gasoline and energy prices thanks to Trumpian stupidity are providing lots of movement.

The high import content of clothing and many household items makes their price change very sensitive t...

a month ago

Labour Force Survey through 2026-07

Headlines

There is much positive data in the Canadian aggregate trends given the MAGA horror to our south. Strong growth in ON and BC contributed to the national picture. However, consistent results cannot be expected or assumed across t...

a month ago

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  • Paul Jacobson

    Retired Economist - making his analysis available as a public service.

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